Price is being rejected at the sliding parallel of the blue median line set finding good support. Since it broke above the median line of the downsloping red set we are in a bullish context. Going long from the current level is a nice idea.
Entry: 1.17935 Stop-loss: 1.17792 Take profit: 1.18157, 1.18338
In case price reaches the first target we move sl at breakeven at the second position.